US EditionT-Bill Auction: Rates down, target narrowly missed
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T-Bill Auction: Rates down, target narrowly missed
The treasury bill auction on May 9 saw the government raise GH¢5.2 billion out of a planned GH¢5.4 billion. Interest rates recorded across the 91-day, 182-day and 364-day tenors were 15.16%, 15.7% and 16.8% respectively. This is a reduction in rates compared to the 15.23%, 15.77% and 16.96% recorded in the previous auction. Despite the […]
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